Although we deal with probabilities and expectations, the actual results can deviate substantially from such expectations, particularly on a short-term basis. | Warren Buffett quote, HD Wallpaper
Although we deal with probabilities and expectations, the actual results can deviate substantially from such expectations, particularly on a short-term basis. (Warren Buffett)
When a long-term trend loses it’s momentum, short-term volatility tends to rise. It is easy to see why that should be so: the trend-following crowd is disoriented. | George Soros quote HD Wallpaper
Optimization is generally detrimental to future success, but it is the only way to accomplish present success in competition with others who are equally interested in short-term results. | Erik Naggum quote HD Wallpaper